Herman

Cain

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July 6, 2009

Barney Frank: Certified Elected Crook

While the mainstream media was saturated with coverage of celebrity deaths last week, the House of Representatives passed the Cap & Trade & Tax & Kill bill. The official name is the American Clean Energy and Security Act of 2009, but there is absolutely nothing clean about it.

This is another bill passed by Congress where no members had an opportunity to read the bill, because most of the members did not receive the last 300 pages of the 1,400-page bill until 3:06 a.m. last Friday, June 26, the day the bill was voted on and passed.

While celebrity deaths were receiving the most coverage, this so-called “clean energy” bill received some coverage, but not nearly in proportion to the largest-ever expansion of taxes and government in our nation’s history!

The dirty little secret that Rep. Barney Frank introduced during those closing hours of last Friday’s session of Congress received no coverage at all.

Barney’s “TARP for Main Street Act of 2009” would allow the profits now coming back to the taxpayers from TARP to be used for one of Barney’s pet projects that did not get funded with last year’s bailout of Fannie Mae and Freddie Mac. The original TARP authorization specifically designated that profits from the loans would be used to pay down debt on behalf of the taxpayers.

Some people would call Barney Frank’s move sleight-of-hand, below the radar, bait-and-switch or opportunistic. I call it just plain deceitful and crooked.

Barney and the Democrats could not resist the $6.2 billion that the General Accountability Office (GAO) had reported coming in so far. Some skeptics never thought the taxpayers would see a dime of profit from TARP, and they will be right if Barney’s bill is enacted, because the Democrats will have stolen it by simply changing the rules.  

I was not aware of the Barney bill until I heard it on the Fox News Channel, and then looked up Byron York’s article in The Washington Examiner (a must-read).

York had previously documented the corruption, cover-up and cooked books at Fannie Mae and Freddie Mac that led to their collapse, where Barney Frank again played a key role as Chairman of the House Oversight Committee, which looked the other way instead of providing oversight.

Barney Frank, Ted Kennedy and Chris Dodd (who chairs the committee in the Senate for oversight of Fannie and Freddie) are the same Democrats who want us to now go along with a government health insurance option, and not expect the rules to change later. All the while, President Obama is proclaiming that the government option is not a “Trojan Horse”.

I suppose not, it’s just another mule disguised as a horse.

We are suppose to believe that the government health insurance option plus Congress’s authority to change the rules will not lead to a single-payer, government-run health care system. We are also to believe that it would not become Medicare’s ugly twin sister.

We are not suppose to remember that Social Security and Medicare started out as promising, racehorse-caliber social programs. Medicare is already running backwards (red ink), and Social Security is on a fast track to insolvency.

The Democrats want the public to be jackasses one more time.

© 2009 North Star Writers Group. May not be republished without permission.

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